Gulston v. Aldred
The court held that the remediation term was not a condition precedent, found the buyer had affirmed the contract and was estopped from relying on breach, and ordered forfeiture of the $105,000 deposit.
- Condition precedent
- Time of the essence
- Deposit forfeiture
- Waiver and estoppel
- Specific performance (sought)
- Condition-precedent